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In investing and managing trust assets, a trustee may only incur costs that are appropriate and reasonable in relation to the assets, the purposes of the trust, and the skills of the trustee.
Structure 2021 Tennessee Code
2021 Tennessee Code
Title 35 - Fiduciaries and Trust Estates
Chapter 14 - Uniform Prudent Investor Act
§ 35-14-101. Short Title
§ 35-14-102. Chapter Definitions
§ 35-14-106. Duties at Inception of Trusteeship
§ 35-14-107. Loyalty
§ 35-14-108. Impartiality
§ 35-14-109. Investment Costs
§ 35-14-110. Reviewing Compliance
§ 35-14-112. Language Invoking Standard of Act
§ 35-14-114. Court Authority